JavaScript for Web Developers by Mark Simon
Author:Mark Simon
Language: eng
Format: epub
ISBN: 9781484297742
Publisher: Apress
The interest rate per payment will be calculated as rate per payment
= annual rate / payments per year / 100
We divide by 100 to convert the percentage.
Number of payments will be calculated as number of payments
= term in years * payments per year
Note that weâve made another concession to the user. Weâre used to expressing interest rates as a percentage, but JavaScript doesnât know anything about percentages. So weâll let the user type in what looks like a percentage, and weâll divide by 100 in the code.1
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